CCFI sponsored an investment in Proterra, an electric bus manufacturer headquartered in Greenville, South Carolina. The investment was pooled in Carolina Regional Center Fund X, LP and invested in Proterra through a securitized loan. Like all projects sponsored by the Carolina Center for Foreign Investment, this project was located in a Targeted Employment Area. The investment helped produce hundreds of net new jobs in the area and has had an enormous economic impact on the local and statewide economy. All eight EB-5 investors received I-526 approvals and all have either received approved I-829's and permanent residency or are in the process of filing I-829 petitions. Proterra is now one of the leaders in the electric bus industry and recently received sales orders in excess of $30 million dollars for their battery electric buses.
CCFI recently closed their second raise for Proterra to help them manufacture a second generation of battery electric buses. Each investor has filed their I-526 petition and are awaiting approval.
RockBridge Senior Living
CCFI partnered with Rockbridge Senior Living to sponsor a project to construct and operate an assisted living facility in Rock Hill, South Carolina. This investment was able to successfully raise $5.5 million dollars in a securitized loan to fund the construction and operation of an assisted living facility in a large mixed use development. All investors have filed I-526 petitions for conditional permanent residency and are in the process of receiving approval.
BullStreet is one of the largest mixed-use master planned developments in the Southeastern United States and CCFI is proud to be a funding source for this economic engine that will have lasting effects on the City of Columbia, South Carolina and the entire state. Occupying more than 165 acres of land in the heart of the city, the BullStreet project will incorporate recreational, retail, office, residential, entertainment, and public space to create a one-of-a-kind experience for all to enjoy. Please fill out the "Contact Us" form for more information.